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COVID-19 Outlook and Impact- Automation Solutions Market in the Oil and Gas Industry 2020-2024 | Rise in the Global Demand for Oil and Gas to Boost Growth | TechnavioTechnavio has been monitoring the automation solutions market in the oil and gas industry and it is poised to grow by USD 1.49 billion during 2020-2024, progressing at a CAGR of over 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200528005273/en/ Technavio has announced its latest market research report titled Global Automation Solutions Market in the Oil and Gas Industry 2020-2024 (Graphic: Business Wire) Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Eaton Corp (News - Alert). Plc, Emerson Electric Co., Honeywell International Inc., Mitsubishi Electric Corp., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric (News - Alert) Corp. are some of the major market participants. Although the rise in the global demand for oil and gas will offer immense growth opportunities, interoperability issues due to proprietary software will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. The rise in the global demand for oil and gas has been instrumental in driving the growth of the market. However, interoperability issues due to proprietary software might hamper the market growth. Automation Solutions Market in the Oil and Gas Industry 2020-2024: Segmentation Automation Solutions Market in the Oil and Gas Industry is segmented as below:
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40070 Automation Solutions Market in the Oil and Gas Industry 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automation solutions market in the oil and gas industry report covers the following areas:
This study identifies the shift from on-premise to cloud-based systems as one of the prime reasons driving the growth of the automation solutions market in the oil and gas industry during the next few years. Automation Solutions Market in the Oil and Gas Industry 2020-2024: Vendor Analysis We provide a detailed analysis of around 25 vendors operating in the Automation Solutions Market in the Oil and Gas Industry, including some of the vendors such as ABB Ltd., Eaton Corp. Plc, Emerson Electric Co., Honeywell International Inc., Mitsubishi Electric Corp., OMRON Corp., Rockwell Automation Inc., Schneider Electric (News - Alert) SE, Siemens AG, and Yokogawa Electric Corp. Backed with competitive intelligence and benchmarking, our research reports on the Automation Solutions Market in the Oil and Gas Industry are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Automation Solutions Market in the Oil and Gas Industry 2020-2024: Key Highlights
Table Of Contents : PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 07: CUSTOMER LANDSCAPE PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. View source version on businesswire.com: https://www.businesswire.com/news/home/20200528005273/en/ |